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The jars system you linked to is far to granular for me. Two savings accounts. One long term (for investment use) and one short term (for whatever you want to use it for).

Auto payments of a set amount per account go in monthly from the main personal current/checking account a couple of days after salary payment lands (just in case there is an issue with the salary payment).

Live on the rest. Rinse and repeat.

-Progress (or lack of progress) thread here“Instead of wondering when your next vacation is, maybe you should set up a life you don’t need to escape from.” – Seth Godin

I have a main account where money goes in and direct debits go out. I don’t have a debit card for this account.

That main account trickles money once a week into a second account by direct debit. I have a debit card for this account and treat it as my “weekly pay”. Of course, I can cheat and transfer money across from my main account to my “personal account” whenever I want. It just makes it obvious to me that I’m overspending when I do.

Myself and my wife have access to a “Groceries” account for the weekly shop, and a couple of “Joint savings” accounts. One is for saving up for stuff, the other is more for rainy day.

I have my own personal savings account.

# For my personal UK accounts:

I have an offset mortgage where savings are offset against a mortgage and I’m charged less interest each month. My monthly payments are the same, but I pay off more of the loan each month.

# Business wise

I have two accounts. My main one, and one where I save money to pay taxes. Whenever money comes into the main account I try to immediately transfer a % to the second account so I’ve always enough to cover taxes.

I have a daily cash flow forecaster for my personal finances and for my business finances. I’ll maybe create a version for Google Sheets and link to it so you can make a copy. And maybe do a video showing how I use it.

The main things I try to do is have everything automated, and pay myself weekly. So I can focus on earning more.

“Never worry about numbers. Help one person at a time, and always start with the person nearest you.” (Mother Theresa)"Money is proof you helped your fellow man." (MJ DeMarco)
"You don't learn until you launch." (Dan Norris)

For me, I found a bank that gives a high savings rate(limited to one high savings rate account per person) as long you satisfy their conditions (e.g. a monthly deposit and open/link a daily account where you use a debit card to purchase transactions).

I have 4 accounts in that bank:
1. Daily account - is where my dalary goes in and which I use for all my transactions (daily expenses). I compute my monthly expenses and leave the amount here.
2. High Interest saving account - I just keep on adding to this savings account every month and try not to withdraw from it. Its kinda like my emergency fund.
3. Travel fund - I put in here a fixed monthly as I would like to travel yearly (combination of local and international travel).
4. Debt killer/Investment - I currently still have credit card debts so this account is used to clear it and once debt is clear, Im using that account for investments or business.

Im also looking to automate as much as possible so I set monthly transfers to each account. I found another bank though with another high interedt savings so I might transfer my Travel fund there as my travel is scheduled already and often takes time to save for. Some additional interest for your cash isnt bad anyway.

I have a main account where money goes in and direct debits go out. I don’t have a debit card for this account.

It trickles money once a week into a second account by direct debit. I have a debit card for this account and treat it as my “weekly pay”. Of course, I can transfer money across from the “main account” to the “personal account” whenever I want. I just know I’m doing it.

Myself and my wife have access to a “Groceries” account for the weekly shop, and a couple of “Joint savings” accounts. One is for saving up for stuff, the other is more for rainy day.

I have my own personal savings account.

# For my personal UK accounts:

I have an offset mortgage where savings are offset against a mortgage and I’m charged less interest each month. My monthly payments are the same, but I pay off more of the loan each month.

# Business wise

I have two accounts. My main one, and one where I save money to pay taxes. Whenever money comes into the main account I try to immediately transfer a % to the second account so I’ve always enough to cover taxes.

I have a daily cash flow forecaster for my personal finances and for my business finances. I’ll maybe create a version for Google Sheets and link to it so you can make a copy. And maybe do a video showing how I use it.

The main things I try to do is have everything automated, and pay myself weekly. So I can focus on earning more.